Some quick background on the engine:
The bike had been sitting for at least 5 years before I got it. I saw it running very, very poorly when I bought it. It has bad compression in cylinders 1+4 (~30psi) that I've traced to valves that are waaay too tight - shims that were .15mm smaller than the ones currently installed still had less than .038mm of clearance (the size of my smallest feeler gauge.) I've taken apart the engine to hone the cylinders and lap the valves.
OK now on to the ignition:
When I opened the cover I saw that the main plate was turned almost fully clockwise (retarded?) - see the pic. The gap was way off as well. Does this mean the contacts are too worn? I was able to adjust the points for cylinders 2+3 to get the timing and gap correct, but since 1+4 are attached to the main plate I couldn't get them set up right.
Does this mean that the contacts are too worn?
I assume this is what caused the problems on 1+4 leading to tightened up clearance, since this is the only real difference I could find between the cylinders. Does that make sense?
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